Indices and commodities
#GOLD
Short
Closed
XAU/USD Key Selling Zone & Support Levels Highlighted for TVC:GOLD by Mr_Basit_Forex
TradingView
GOLD
Indices and commodities
Closed
Current price
4698.08
USD
PNL
+0.85%
4674.91 USD
Stop Loss
0.81%
4753.19 USD
Take Profit
0.81%
4676.81 USD
Rationale
TradingView idea: XAU/USD Key Selling Zone & Support Levels Highlighted for TVC:GOLD by Mr_Basit_Forex
TradingView symbol: GOLD
Gold (XAU/USD) is currently trading inside a consolidation zone after a strong bullish run. Price has reached a selling zone near 4,718, which coincides with previous highs and key supply areas. This level may act as a reversal point, offering traders a potential short-term sell opportunity.
Trading Scenarios & Entry Opportunities:
Short Entry at Selling Zone:
Entry: Around 4,715 – 4,718 (selling zone)
Target 1: Support zone at 4,677
Target 2 / Final Target: 4,560 (major demand area)
Stop …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Closed
- Closed
- 2026-05-12
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